New Delhi: PNB MetLife has appointed Sameer Bansal as Managing Director and CEO, effective July 1, 2024, subject to the necessary regulatory approvals.
Sameer will spearhead business growth in a key market for MetLife, overseeing 149 branches in 18,600 locations through bank partnerships with a major bancassurance network in India.
Sameer has 25+ years in financial services with expertise in leading various distribution models. He’s been with PNB MetLife since 2007 as the Chief Distribution Officer and leadership team member.
Sameer succeeds Ashish Srivastava, who has been appointed Managing Director for MetLife Inc.’s Global Shared Services team in India.
Lyndon Oliver, Chairman of the Board commented, “We are very pleased to support the appointment of Sameer Bansal to lead our joint venture company. He is a skilled and seasoned leader whosedeep knowledge of the industry and our business will ensure the continued growth of PNB MetLife.”
Sameer Bansal said, “I am honoured to take on this role. We are in a fast changing and competitive market place with significant opportunities and I am very excited to lead our company as we deliver on our Circle of Life promise to our customers, and live our purpose: Milkar Life Aage Badhaein, for all our stakeholders.”
